THE METHOD OF IMPLEMENTATION OF ONLINE ELECTRONIC CREDIT TRANSACTIONS AND AUTOMATED ONLINE SYSTEM FOR ITS IMPLEMENTATION

摘要

The invention relates to a system and method for carrying out electronic commerce and auctions, and more particularly to the provision of an online instrument for the execution of credit transactions. An automated online system and method for providing and receiving credit includes registering, by means of a processor, participants in the system, who are divided according to their status at least into the categories of lenders and borrowers, authorizing said participants and providing access to an online trading platform in accordance with their status within the system, collecting and collating information about credit offers from lenders, including interest rates and terms of acceptance, wherein information is received from a lender which includes a regular interest rate proposal open to all users, and concealed information which is not displayed on the output devices of the trading platform and which contains a minimum acceptable interest rate below the interest rate of the regular proposal; at the step of a borrower selecting an offer from a lender, a counter-proposal is received from the borrower via an electronic trading and financial platform (ETFP) interface, containing at least an interest rate proposed by the investor and an indication of the desired credit amount; the financial cost of implementing the borrower's offer is calculated automatically in accordance with their proposed interest rate and credit amount; funds on the borrower's bank card are deposited in favour of the trading platform, and the processor of the service part of the ETFP carries out an automatic comparison of the borrower's interest rate proposals and the lender's terms of acceptance with respect to the credit amount and proposed interest rate of the borrower, taking into account the minimum acceptable interest rate and the regular interest rate set by the lender; if the interest rate proposed by the borrower is not less than the lender's minimum acceptable interest rate, the borrower's offer is accepted and the funds deposited by the borrower are returned from the account of the trading platform to the borrower's bank card account; if the interest rate proposed by the borrower is found to be less than the lender's minimum acceptable interest rate at the borrower proposal-lender acceptance terms comparison step, a predetermined message is generated for the borrower, proposing that the borrower increases the proposed interest rate in order to have their credit request accepted, or rejects the lender's offer, or places the previous interest rate offer on hold.